Sukanya Samriddhi Yojana Calculator 2019

Sukanya Samriddhi Yojana is a very popular deposit scheme for girl child guaranteed by Government of India. This was launched on 22 January 2015 to encourage savings for girl child for their education and marriage.

Sukanya Samriddhi Yojana – Rules:

Sukanya Samriddhi Account can be opened in any post office and designated branches of authorized banks.

This account can be opened only for girl child who is below 10 years of age (as of account opening date) by their natural or legal guardian

The account can only be opened for 2 girl children. Third account can be opened in exceptional cases where the depositor was blessed with 3 girl children at the first birth or twin girl children at the second birth.

Sukanya Samriddhi Yojana – Investment Rules:

The deposit has to be made for first 14 years from the year of account opening. The account matures either from 21 years from the date of account opening or when the girl is married, whichever is earlier.

Maximum Deposit limit per financial year per account is Rs 1.5 Lakh

You need to deposit minimum Rs 250 per account per year to keep it active

Sukanya Samriddhi Calculator

You can create good corpus for your girl child by investing in sukanya samriddhi yojana. Download the excel based Sukanya Samriddhi calculator to estimate the amount you can expect at the time of maturity. The maturity amount would give you a rough idea as the interest rates change every quarter.

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The website is not affiliated to any company, agent or brokers for selling/ recommending investments. All the information in the blog is for educational and informational purpose only. Please consult a qualified financial planner and do your own due diligence before making any investment decision.

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Disclaimer

The website is not affiliated to any company, agent or brokers for selling/ recommending investments. All the information in the blog is for educational and informational purpose only. Please consult a qualified financial planner and do your own due diligence before making any investment decision.